Tag Archives: racial wealth gap

Greenlining is helping communities of color connect to economic opportunity. As a telecom policy expert, it’s been exciting to see 2020 presidential candidates, such as Elizabeth Warren, unveil ambitious plans to improve internet access across America. This is more important…Continue reading

For the first time in 40 years, the federal government could weaken a little-known but important law encouraging bank lending, services and investments in underserved communities: the Community Reinvestment Act. Advocates like The Greenlining Institute do not expect changes proposed…Continue reading

Tell people their gas taxes are going up and they will riot, literally. Tell people that 62 individuals hold the same amount of wealth as the 3.7 billion people who make up the poorest half of the world’s population and…Continue reading

Once again, the Trump administration is advancing an agenda that favors banks to the detriment of communities of color. Office of the Comptroller of the Currency head Joseph Otting proposes to gut the Community Reinvestment Act — an over 40-year-old…Continue reading

California often acts as a trailblazer in national policy, and can earn that title yet again with SB 1235, authored by Sen. Steve Glazer (D-Orinda), the nation’s first small business truth-in-lending bill. Supported by The Greenlining Institute, SB 1235 would…Continue reading

Two years into the Trump administration, communities of color — and anyone using financial products, for that matter – are losing hope of finding an independent, dogged champion in Trump’s iteration of the Consumer Financial Protection Bureau. A brain-child of…Continue reading

I have the exciting job of leading Greenlining’s Diversity and Inclusion initiative. We seek to reframe the narrative on diversity to focus on justice and its role in ending the racial wealth gap once and for all. In this year…Continue reading

By this point, it’s no secret that the Trump administration is in open warfare with communities of color, the working class, and regulations that safeguard our interests. Now, it seems, they’re coming after the Community Reinvestment Act – CRA for short.…Continue reading

According to a 2017 Federal Reserve Report, the U.S has reached record inequality: In 2016, the richest one percent of families controlled a record-high 38.6 percent of the country’s wealth while the bottom 90 percent of families held just 22.8…Continue reading

We recently marked the 40th anniversary of the Community Reinvestment Act, and as an economic equity advocate, I’d like to share some reflections on its ability to both provide and delay economic opportunity for communities of color. The law needs…Continue reading